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.` <br />• <br />EXHIBIT B <br />OFFICIAL TERMS OF <br />BOND SALE <br />$1,075,000 <br />GENERAL OBLIGATION TAX INCREMENT <br />BONDS OF 1984 <br />CITY OF FALCON HEIGHTS <br />RAMSEY COUNTY <br />MINNESOTA <br />• <br />NOTICE IS HEREBY GIVEN that these bonds will be offered for <br />sale according to the following terms: <br />TIME AND PLACE: Wednesday, April 25, 1984, at <br />7:30 P.M., Central Time at the City <br />Hall in Falcon Heights, Minnesota. <br />TYPE OF BONDS: Fully registered general obligation <br />bonds, $5,000 or larger denomina- <br />tions at the option of the bidder. <br />DATE OF ORIGINAL <br />ISSUE OF BONDS: June 1, 1984. <br />PURPOSE: To refund the City's outstanding <br />General Obligation Temporary <br />Improvement Bonds of 1982, dated <br />October 16, 1982, and to defray the <br />expense of certain capital and <br />administration costs in Development <br />District No. 1 in the City. <br />INTEREST PAYMENTS: March 1, 1985, and semiannually <br />thereafter on September 1 and <br />March 1. <br />MATURITIES: March 1 in each of the years and <br />amounts as follows: <br />1988 $125,000 <br />1989 $125,000 <br />1990 $150,000 <br />1991 $150,000 <br />1992 $175,000 <br />1993 $175,000 <br />1994 $175,000 <br />• <br />